Chipotle Mexican Grill sees 2.7% share increase after analyst upgrade to 'Buy' with price target

From StockTwits: 2025-03-16 22:44:19

Chipotle Mexican Grill Inc. (CMG) saw a 2.7% increase in shares following an analyst upgrade from Loop Capital to ‘Buy’ with a price target of $65. The brokerage believes there is a buying opportunity due to strong sales performance despite weather challenges this quarter. Morgan Stanley also upgraded Chipotle last month, increasing the price target to $70. Stocktwits sentiment was bullish with rising message volume. Some watchers view the company as a safe investment, while others anticipate positive trends. Citi placed Chipotle on a “90-day positive catalyst watch” in February, citing strong earnings and new menu offerings. The stock is down 17% this year.



Read more at StockTwits: Chipotle Mexican Grill Retail Traders See It As A Safe Bet Amid Analyst Upgrade